122 Garden Park DrSaltilloMS38866
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Saltillo at 122 Garden Park Dr, Saltillo, MS, 38866 with 5% annual appreciation on a $386,900 basis while $2,744/mo rent supports operations. Total monthly income totals $2,744/mo and a $1,894/mo payment preserves $244/mo for cash returns. Annual cash flow comes to $2,930/yr on $128,257 deployed, and return on cash invested reaches 22.19% in year one. Equity gained on principal adds $2,497/yr, and five-year appreciation sums $106,893 alongside rental yield of 8.51%. Five-year ROI measures 115.47% and total cumulative return in cash totals $148,099.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,744/mo property income versus a $1,894/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
0.97 Acres lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38866, Saltillo, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,595 (100%) |
| Owner Occupied HU | 3,981 (71.2%) |
| Renter Occupied HU | 1,062 (19.0%) |
| Vacant Housing Units | 552 ( 9.9%) |
| Median Home Value | $235,167 |
| Average Home Value | $246,466 |
Housing Distribution
Address Breakdown
Residential
4,995
Single Family
4,995
Multi-Family
0
Businesses
286
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Listed by: N/A • N/A
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Mls ID: #N/A